Window of Opportunity: Business in Africa

Africa is quickly emerging as a top contender for business expansion in large company ventures. In many ways, Africa has been referred to as the “next Asia” with strong investment growth. After all, the continent is home to 7 of the 10 fastest growing economies in the world. The future …

MMIT Happy to announce the launch of M-Iflọ

MMIT in partnership with Bango, a leader in mobile payments, has officially launched a product called M-Iflọ to revolutionize the security of mobile payment environment in Sub-Sahara Africa. The M-Iflọ product provides a safe payment solution that enables online transactions for digital content, which will unlock many opportunities in the …

The power of the youth consumer in Africa

If your business is not targeting the youth of Sub-Saharan Africa, SSA, then your business is missing out on the largest and fastest growing youth consumer market in the World.  According to Mckinsey & Company over 50% of Africans are under the age of 20 and over the next decade …

Is Cash Still King?

When we think of the potential for a cashless society we tend to look at the developed World and markets such as the United States or Europe as the places most likely for this development.  Even with credit cards and smart phones being ubiquitous throughout these countries you would be …

Africa’s Most Important Resource

Most people recognize the abundance of natural resources that the Sub-Saharan African continent has been blessed with.  One resource that most people fail to recognize is Africa’s youth.  This resource might be SSA’s most precious and vital for continued growth in the 21stcentury.  Not only is Sub-Saharan Africa one of …

Growth of the African Consumer Part II

In my first article on the growth of the African Consumer I looked at the emerging middle class of Africa and the role mobile technology has played on the continent.  In this article I focus on the challenges that still exist and look at whether this current growth can be continued and …

Growth of the African Consumer Part I

The African consumer market is regarded as the Next Investment Frontier with a population of a billion plus people.  In 2012 Africa was home to 7 of the 10 fastest growing economies in the World and was the second fastest growing region of the World next to Asia.  With this …